Digital assets help Chinese citizens bypass capital control laws. Stablecoins, like Tether, are used most commonly. … [Read more...] about Over $50 billion moved from China via cryptocurrency in a year
Chinese miners control 65% of bitcoin network’s processing power
According to CoinShares research, China’s bitcoin miners now control almost two-thirds of the crypto-network’s hashrate, which is a general measure of the processing power of the bitcoin network. … [Read more...] about Chinese miners control 65% of bitcoin network’s processing power
Chinese president calls for acceleration of development of blockchain technology
China’s President Xi Jinping said the country needs to “seize the opportunity” afforded by blockchain technology and aim at taking "the leading position in the emerging field of blockchain." … [Read more...] about Chinese president calls for acceleration of development of blockchain technology
China’s central bank could launch cryptocurrency in several months
The state-backed cryptocurrency is all but ready to launch, with network capacity at 300,000 transactions per second … [Read more...] about China’s central bank could launch cryptocurrency in several months
Crypto news in brief (April 9, 2019): Bitfinex, China, mining, Coinbase, Western Union
- Bitfinex removed minimum equity requirement of $10,000 to trade on its platform - China may prohibit crypto mining - Coinbase has added support for EOS, REP and MKR - Western Union has partnered with blockchain startup Coins.ph … [Read more...] about Crypto news in brief (April 9, 2019): Bitfinex, China, mining, Coinbase, Western Union
Crypto news in brief (September 29, 2018): China, Austria, Goldman Sachs, Veem, Baidu, AT&T, SEBA, Porsche, FedEx
- Chinese bank used blockchain to issue $1.3bln in mortgage-backed securities - Austrian government to issue bonds worth $1.35bln via Ethereum - Goldman Sachs is leading a $25-milllion financing round of Veem, a blockchain-based payment startup - Baidu releases a white paper (v1.0.) of Super Chain blockchain - AT&T introduces a blockchain platform for corporate use - … [Read more...] about Crypto news in brief (September 29, 2018): China, Austria, Goldman Sachs, Veem, Baidu, AT&T, SEBA, Porsche, FedEx
Crypto news in brief (August 29): China, Triple-1, SEC, Associated Press, Civil, Coinbase, blockchain courses
- Chinese regulators issued a warning for investors on illegal fundraising and trading connected with blockchain and cryptocurrency - Japanese company Triple-1 is developing 7nm bitcoin mining chips, known as “Kamikaze” - After turning down applications to list nine bitcoin-ETFs SEC promised to reconsider its decision in the future - The Associated Press (AP) news agency and … [Read more...] about Crypto news in brief (August 29): China, Triple-1, SEC, Associated Press, Civil, Coinbase, blockchain courses
Alibaba to monitor crypto transactions as China tightens grip
Alibaba’s payment service will work closely with local financial regulators to thwart illegal exchange of digital money. … [Read more...] about Alibaba to monitor crypto transactions as China tightens grip